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E-Malt.com Newsletter 05b
January 29 - February 01, 2026
Quote of the Week
If you fell down yesterday, stand up today.
H. G. Wells
Currency Rates
Base Currency: US Dollar
on January 30, 2026 |
Base Currency: Canadian Dollar
on January 30, 2026 |
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1 USD = 0.8358 EUR
1 USD = 0.7240 GBP
1 USD = 1.3522 CAD
1 USD = 1.4186 AUD
1 USD = 153.1320 JPY
1 USD = 5.1962 BRL
1 USD = 75.7846 RUB
1 USD = 6.9494 CNY
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1 CAD = 0.7394 USD
1 CAD = 0.5354 GBP
1 CAD = 0.6180 EUR
1 CAD = 1.0490 AUD
1 CAD = 113.2320 JPY
1 CAD = 3.8423 BRL
1 CAD = 56.0383 RUB
1 CAD = 5.1387 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: American Malting Barley Association releases annual variety list
...Click here
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USA, AL: Tallulah Brewing closing after eight years in business
...Click here
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USA, OH: Cincinnati’s Bad Tom Smith Brewing to hold its final night on January 31
...Click here
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Australia: Barley crop to decline on return to long-term yields
...Click here
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South Korea: Leading brewer Hitejinro says operating profit was down 17.3% last year
...Click here
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China: Carlsberg agrees to divest from brewing joint venture in Tibet
...Click here
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Kenya: East African Breweries report strong operating performance in H1 of FY2025/26
...Click here
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India: Radico Khaitan to establish Scotch whisky division
...Click here
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Denmark: Carlsberg launches new lower alcohol beers platform
...Click here
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India: United Breweries launches Kingfisher Smooth in Karnataka
...Click here
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Graph of the Week
Table of the Week
China Hops Area and Production 2018-2025s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
29 January
1886 - 1st successful gasoline-driven car patented, Karl Benz, Karlsruhe
1986 - 193.8 million shares traded in NY Stock Exchange
1988 - United Airlines Boeing 747SP, circles world in 36h54m15s
30 January
1922 - World Law Day, 1st celebrated
1951 - Ferdinand Porsche, German car inventor (Porsche), dies at 75
1995 - Belgium's TV channel 2 in Flanders goes on the air
31 January
1956 - The twist off bottle cap is invented
1973 - Ragnar Frisch Norwegian economist (Nobel 1969), dies at 77
1990 - McDonald's opens its first restaurant in Russia
2010 - Avatar becomes the first film to gross over $2 billion worldwide
01 February
1788 - 1st US steamboat patent issued, by Georgia to Briggs & Longstreet
1884 - 1st volume of the Oxford English Dictionary, A-Ant, published
1898 - 1st auto insurance policy in US issued, by Travelers Insurance Co
1968 - World trade conference Unctad 2 opens in New Delhi
Agenda
February 2026:
05 - 06: Glug Swiss 2026 (Alte Reithalle, Aarau, Switzerland)
13 - 16: HoReCa 2026 (Athens, Greece)
15 - 17: BBTech Expo 2026 (Rimini, Italy)
23 - 23: Beer Experience 2026 (Antwerp, Belgium)
27 - 01 March: Finest Spirits 2026 (Munich, Germany)
March 2026:
04 - 07: Festival Brasileiro da Cerveja 2026 (Blumenau, Brazil)
15 - 17: Planete Biere Marseille 2026 (Marseille, France)
18 - 19: BeerX 2026 (Liverpool, UK)
20 - 22: St Malo Craft Beer Expo 2026 (St Malo, France)
24 - 26: 110th International Brewing & Engineering Conference 2026 (Erding, Germany)
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)
26 - 28: Warsaw Beer Festival 2026 (Warsaw, Poland)
April 2026:
07 - 09: Craft Beer China 2026 (Shanghai, China)
10 - 11: InnBrew 2026 (Barcelona, Spain)
10 - 12: Barcelona Beer Festival 2026 (Barcelona, Spain)
16 - 18: KIBEX 2026 (Seoul, South Korea)
20 - 22: Craft Brewers Conference & BrewExpo America 2026 (Philadelphia, USA)
22 - 22: World Beer Cup 2026 (Pennsylvania Convention Center, Philadelphia, USA)
22 - 22: World Beer Cup 2026 (Pennsylvania Convention Center, Philadelphia, USA)
28 - 30: 28th Annual International Beer and Cider Strategies 2026 (InterContinental Barcelona, Spain)
May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)
04 - 10: Budapest Beer Week 2026 (Budapest, Hungary)
19 - 21: Expo Antad & Alimentaria Mexico 2026 (Expo Guadalajara, Jalisco, Mexico)
29 - 30: Copenhagen Beer Festival 2026 (Copenhagen, Denmark)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)
June 2026:
08 - 10: Brewing Conference Bangkok 2026 (Muang Thong Thani, Impact Challenger Hall, Jupiter 4-5, Bangkok, Thailand)
09 - 10: IGC Grains Conference 2026 (2 Savoy Place, London, UK)
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)
17 - 18: Global Beer Summit 2026 (Brussels, Belgium)
July 2026:
17 - 18: London Craft Beer Festival 2026 (London, UK)
August 2026:
06 - 08: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2026 (799 Nguyen Van Linh Street, Tan My Ward, Ho Chi Minh City, Vietnam)
21 - 22: Beervana 2026 (Wellington, New Zealand)
September 2026:
12 - 13: Bruges Beer Festival 2026 (Bruges, Belgium)
19 - 04 October: Oktoberfest 2026 (Munich, Germany)
24 - 27: Mondial de la Biere 2026 (Montreal, Canada)
26 - 28: Whisky Live Paris 2026 (Paris, France)
October 2026:
08 - 10: The Great American Beer Festival 2026 (Denver, USA)
15 - 16: Salon du Brasseur 2026 (Parc Expo Nancy, France)
23 - 25: Stockholm Beer & Whisky Festival 2026 (Stockholm, Sweden)
28 - 29: Brew Asia 2026 (Ho Chi Minh City, Vietnam)
31 - 03 November: Planete Biere Rennes 2026 (Rennes, France)
November 2026:
10 - 12: Brau Beviale 2026 (Nuremberg, Germany)
23 - 25: 16th Iberoamerican VLB Symposium Brewing & Filling Technology (Panama)
News Articles
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USA: American Malting Barley Association releases annual variety list
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The American Malting Barley Association has added ABI Montana to its annual list of recommended varieties for growers for the upcoming crop year.
The list provides farmers with guidance as to what varieties the industry may be contracting or purchasing in the coming year.
Some varieties will be used in large quantities and others only in niche markets, according to an association press release. Farmers are encouraged to contact their local elevator, grain handler or processor to gauge market demand for any variety grown in their region.
ABI Montana is a spring, two-row malting barley variety intended for adjunct brewing. It is primarily adapted to dryland and low-irrigation production systems in northwest Montana.
The variety was brought forth for recommendation from AB InBev. Three varieties were removed from the list due to declining acreage, all released by AB InBev: spring six-row Celebration and two spring two-rows, Conrad and Merit 57.
The association is a nonprofit trade organization representing the interests of malting barley end users, including maltster, brewers, distillers and food processors.
The complete list of recommendations:
Recommended spring varieties:
AAC Connect
AAC Energy
ABI Cardinal
ABI Eagle
ABI Montana
ABI Raptor
ABI Voyager
AC Metcalfe
BC
...More info on site
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USA, AL: Tallulah Brewing closing after eight years in business
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Jasper’s Tallulah Brewing is closing after eight years in business, Bham Now reported on January 28.
The popular brewery made the announcement via a post on Facebook.
“What started as a dream turned into something so much bigger: a place where friends met, families gathered, and memories were made over a pint. We’re beyond grateful to every person who walked through our doors, brought their dogs, celebrated their birthdays, played trivia, or just stopped by after a long day.”
Small independent breweries have been faltering locally and nationally over the past two years. Tallulah Brewing is the sixth brewery to close in the Birmingham Metro area since the summer of 2024. The other five include:
Steel Hall Brewing (January 2026)
Uproot Brewing (July 2025)
Oversoul Brewing (September 2025)
Over the Mountain Brewing (January 2025)
Ghost Train Brewing (September 2024)
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USA, OH: Cincinnati’s Bad Tom Smith Brewing to hold its final night on January 31
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An East Side brewery is closing after more than a decade in business and its owners have abandoned Clermont County expansion plans.
Bad Tom Smith Brewing will hold its final night of service at its brewery, taproom and kitchen Jan. 31 at its Madisonville location at 5900 Madison Road, according to a Jan. 22 social media post.
Owners Fernando Cruz Jr. and Jaclyn Cruz have not responded to the Courier’s request for additional information regarding the factors that have led to the closure.
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Australia: Barley crop to decline on return to long-term yields
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Australia’s 2026 barley crop declines to 13.8 mln tonnes on a return to long-term yields, which represents a 2.1 mln tonnes decline from the
...More info on site
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South Korea: Leading brewer Hitejinro says operating profit was down 17.3% last year
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Hitejinro said on January 28th that on a consolidation basis, last year's operating profit was 172.1 billion won, down 17.3% from the previous year (208.1 billion won).
Revenue was 2.4986 trillion won, down 3.9% from the previous year (2.5992 trillion won). Net income was 408.5 billion won, down 57.3% from the previous year (957.4 billion won).
Hitejinro said that despite the contraction in the liquor market, revenue fell slightly but operating profit declined sharply.
A Hitejinro official said, "This year, we plan to pursue various market activation activities and strengthen our push into overseas markets."
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Argentina: Barley crop estimate up 0.1 mln tonnes
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Argentina’s barley production estimate for 2025 is increased slightly to 5.5 mln tonnes (+0.1 mln) with the completion of harvest and the realization of
...More info on site
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China: Carlsberg agrees to divest from brewing joint venture in Tibet
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Carlsberg has agreed to divest from a brewing joint venture in Tibet after two decades, following years of confrontations and complications with its Chinese
...More info on site
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Kenya: East African Breweries report strong operating performance in H1 of FY2025/26
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East African Breweries Plc (EABL) reported strong operating performance in the first half of its 2025/2026 fiscal year. The company posted a net profit
...More info on site
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India: Radico Khaitan to establish Scotch whisky division
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The board of directors for Indian spirits producer Radico Khaitan has approved the establishment of a Scotch whisky division that will be 100% owned by the company, The Spirits Business reported on January 28.
On 22 January, the company filed a statement with the National Stock Exchange of India, reporting its intention to incorporate its UK subsidiary, Radico Khaitan Scotland Ltd.
As a 100% company-owned division, Radico Khaitan Scotland will be promoted by the company and incorporated in accordance with the applicable laws of the UK.
The proposed subsidiary will be established to handle distillation, maturation, storage, and trading of Scotch whisky and spirits.
A spokesperson of Radico Khaitan told The Spirits Business: “Radico is one of the largest importers of vatted malt spirits. We import matured malt spirits of various profiles and ageing, which we use for blending in our various whisky products.
“As our whisky portfolio grows, our import requirement will also increase in the coming years. This step is towards securing access to mature supply chains for distillation and maturation in a cost-effective manner. At the moment, we have passed a board resolution to enable us to explore various opportunities.”
The new division will aim to acquire, own, and operate a distillery in
...More info on site
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Denmark: Carlsberg launches new lower alcohol beers platform
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As moderation becomes a defining force in how Danes enjoy beer, Carlsberg Denmark is launching a new platform of lower alcohol beers under the category name “session.” The range is designed to give consumers more flexibility and freedom of choice, without compromising the taste or quality of their beer.
The first product in the portfolio, Carlsberg Nordlyst, debuted on 21 January. The 2.5% ABV lager contains roughly half the alcohol of a classic pilsner, offering a fullflavoured alternative for moments when consumers want to dial down the alcohol percentage.
New nationwide research in Denmark conducted by Ipsos for Carlsberg shows a clear shift. 64% of Danes say they have recently begun moderating their alcohol intake or have done so within the past five years. Two out of three consumers say they are open to trying a lower alcohol beer or choose it as their primary option. The interest is especially high amongst men.
"Danes have increasingly become beer flexitarians,” says Peter Haahr Nielsen, Managing Director, Carlsberg Denmark.
“This is due to a moderation trend that is not about either-or, but about freedom of choice to choose the beer and alcohol percentage that suits them best in the situation. This has created a
...More info on site
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India: United Breweries launches Kingfisher Smooth in Karnataka
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United Breweries Ltd (UBL) announced the launch of Kingfisher Smooth in Karnataka to expand Kingfisher’s presence in the mainstream strong beer segment, India Info Online reported on January 29.
The launch in Karnataka marks a significant step in bolstering Kingfisher’s footprint in the category. It is one of the largest beer markets in India.
The company commented that strong urban consumption, a favorable beer culture, and vast on-premise and modern retail presence are the major factors making Karnataka a crucial market for the roll-out. The launch comes after early consumer response to Kingfisher Smooth in Rajasthan.
United Breweries said that it has developed Kingfisher Smooth for younger legal-age drinking consumers seeking a smoother and more approachable beer experience.
The company is using imported hops to brew the product. It does not contain any added sugar and is set to deliver a clear, smooth taste while maintaining the strength as preferred.
Kingfisher Smooth will be available across major retail outlets in Karnataka. It will be priced at ₹100 for a 330 ml can, ₹120 for a 330 ml bottle, ₹155 for a 500 ml can, and ₹200 for a 650 ml bottle.
Recently, the business has also introduced a company-wide Productivity and Cost Effectiveness Programme
...More info on site
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